Common use of PRICING STRUCTURE DEFINITIONS Clause in Contracts

PRICING STRUCTURE DEFINITIONS. ASC means the Annual Service Charge for use of a 3DS Offering, subject to the conditions set forth in the Agreement. For the first year of each right to use a 3DS Offering, ASC is due together with the TSC. Provided Customer has paid TSC, payment of the ASC for a 3DS Offering entitles Customer to (i) use the 3DS Offering, (ii) Support Services for the Licensed Program(s) included in the 3DS Offering for one (1) year, including a license (subject to the conditions set forth in the Agreement) to use the Release(s) of such Licensed Program(s) made available by 3DS during such year, in lieu of the license(s) on the previous Release(s) of the Licensed Program(s) made available to Customer, and (iii) a one (1) year right to use and to receive Support Services for the elements of the 3DS Offering other than the Licensed Program(s) included in such 3DS Offering. Termination of ASC of a 3DS Offering ordered under a TSC/ASC pricing structure automatically terminates TSC. Each year, the ASC renewal price shall be calculated by applying the percentage difference between the list price of the renewal period and the list price of the prior period against the price charged to Customer for the prior period.